Amidst Muted global cues, will Nifty remain in a tight range on March F&O expiry day, Nifty Midcap expiry to take place today. In stock related activities, channel checks suggests a price hikes for ITC, Porinju checking in Shalby, JP Morgan Bull and Bear case scenario for Bajaj Auto amongst others. Catch Nickey Mirchandani in conversation with Rajesh Palviya, Head- Technical Research at Axis Direct and Mayuresh Joshi, Head- Equity Research, William’ O Neil Company.
Uflex is well-positioned to catapult into the next growth phase given resilient end-markets and sustainable manufacturing initiatives. MC Pro suggests investors to consider it as a long-term buying opportunity. Should you buy? Watch the video to find out.
Bajaj Healthcare is trading at eye-catching valuations post the recent correction. While the stock has corrected meaningfully, the company's business's positives and negatives are well-balanced at current market valuations which are 11.6 times FY23 earnings. The company continues to show progress across multiple dimensions even though it ended FY22 on a mixed note. Moreover, with the company nearing the completion of its capex phase, it could see a gradual reduction in debt over FY23/24.